Financial Highlights

Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 220,683 173,895 156,091 146,073 144,672
Total Net Loans 167,660 125,136 103,384 81,629 79,288
Total Deposits 180,682 137,511 126,325 120,839 119,113
Equity Attributable to Parent Company 35,483 23,829 23,072 19,837 18,441
Total Equity 35,483 23,829 23,072 19,837 18,441
Profitability (%)
Net Income($000) 2,233 509 3,127 1,778 (433)
Net Income Attributable to Parent($000) 2,233 509 3,127 1,778 (433)
ROAA 1.08 0.31 2.14 1.26 (0.27)
Core ROAA 1.11 0.71 2.16 1.12 (0.19)
ROAE 7.37 2.14 16.06 10.05 (2.41)
ROATCE 7.58 2.34 16.51 10.50 (2.22)
Core ROAE 7.54 4.91 16.22 8.93 (1.66)
Net Interest Margin 3.57 3.14 2.99 3.13 3.20
Reported: Net Interest Margin 3.57 3.14 2.99 3.13 3.20
Efficiency Ratio 50.98 64.94 78.73 68.21 92.44
Noninterest Inc/ Operating Rev 3.50 4.46 8.04 5.95 39.33
Balance Sheet Ratios (%)
Loans/ Deposits 94.05 92.27 83.11 67.95 67.91
Securities/ Assets 16.82 21.91 26.59 36.80 37.10
Total Equity/ Total Assets 16.08 13.70 14.78 13.58 12.75
Tangible Equity/ Tangible Assets 16.04 13.62 14.66 13.41 12.53
Tang Common Equity/ Tang Assets 16.04 13.62 14.66 13.41 12.53
Asset Quality (%)
NPAs/ Assets 0.03 0 0 0.09 0.56
NPA Excl Restructured/ Assets 0.02 0 0 0.09 0.56
NPAs & 90+ PD/ Assets 0.03 0 0 0.09 0.56
NPAs/ Loans & REO 0.04 0 0 0.16 1
Nonaccrual & 90+ & OREO/ Assets 0.02 0 0 0.09 0.56
NPAs & 90+ PD/ Loans & REO 0.04 0 0 0.16 1
NPA & Loans 90+/ Tangible Common Equity + LLR 0.18 0 0 0.62 4.14
NCOs/ Avg Loans 0.03 (0.13) (0.09) 0.04 (0.07)
Loan Loss Reserves/ Gross Loans 1.34 1.38 1.52 1.83 1.98
Reserves/ NPAs NM NM NM NM 196.32
Loan Loss Provision/ NCO NM NM NM (156.25) NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 34,885 23,227 NA NA NA
Tier 1 Capital($000) 34,885 23,227 NA NA NA
Tier 2 Capital($000) 2,138 1,669 NA NA NA
Total Capital($000) 37,023 24,896 NA NA NA
Total Risk-weighted Assets($000) 170,884 133,423 NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 20.41 17.41 NA NA NA
Tier 1 Ratio(%) 20.41 17.41 NA NA NA
Total Capital Ratio(%) 21.67 18.66 NA NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 15.84 13.58 NA NA NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,063,620 2,731,313 2,727,813 2,748,062 2,746,646
Avg Diluted Shares(actual) 3,629,210 2,753,133 2,726,047 2,724,492 2,655,530
Basic Book Value per Share** 8.73 8.72 8.46 7.22 6.71
Book Value per Share, As Reported 8.71 8.39 NA NA NA
Basic Tangible Book Value per Share 8.71 8.67 8.37 7.11 6.58
Tangible Book Value per Share, As Reported 8.71 8.67 8.39 7.18 6.67
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.62 0.19 1.15 0.65 (0.16)
EPS after Extra Growth(%) 226.30 (83.50) 76.90 NM NM
Core EPS 0.63 0.44 1.16 0.58 (0.11)
Core EPS Growth(%) 45.50 (62.50) 101.20 NM NM
Diluted EPS before Amortization 0.64 0.22 1.17 0.67 (0.14)
Pre-Provision Earnings per Share 0.77 0.42 0.21 0.32 0.03
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
**Book Value Per Share displayed includes Accumulated Other Comprehensive Income (AOCI)